Among investors, most tend to specialize - sfrs, duplexes, and apartment buildings are three distinct animals - they appeal to different types of tenants, and the tenants kinda control the maintenance, management, and vacancy expenses.

While it's often discussed as a great way to get started, it can be very difficult and frustrating.

& it could be a lot worse if I didn't do a lot of the labor & minimize the vacancy (we had zero days vacant on the 1st set of tenants).

Often times renters struggle with having their own transporation so need to utilize public transit.

Even the top search engines often can't help us find what we're looking for.

The reason this matters to an investor, is that if you are renting or reselling to an end buyer, you reduce your pool of tenants/buyers if you have a property with a stigma.I have a building where one of the tenants committed suicide while I owned it.

8.Who are the people you need immediately after starting your real estate business, and whom do you use most often?

I have and do often.

I'd like to charge $30 per person, but often there are three (mom, dad, and a kid over 18) or even four.

Plus, you'd be surprised how often opportunities arise to represent someone and make some quick cash;- You'll get access to the forms you need;- You'll get access the MLS and some potential deal flow;- You'll have the ability to list short sales (if that's your cup of tea);- You'll be able to network with lots of others in the industry;- You'll learn all the basics of real estate that you're currently confused about.